Italian Government: Decree of 06/04/2020 Covid-19 | Octagona Srl
Octagona Ltd./Internationalization News/ITALIAN GOVERNMENT, THE DECREE OF APRIL 6, 2020 - Covid19 FINANCING FOR THE INTERNATIONALISATION OF BUSINESSES AND OPPORTUNITIES OFFERED.
ITALIAN GOVERNMENT, THE DECREE OF APRIL 6, 2020 - Covid19 FINANCING FOR THE INTERNATIONALISATION OF BUSINESSES AND OPPORTUNITIES OFFERED.

ITALIAN GOVERNMENT, THE DECREE OF APRIL 6, 2020 - Covid19 FINANCING FOR THE INTERNATIONALISATION OF BUSINESSES AND OPPORTUNITIES OFFERED.

With his speech on the evening of April 6, Premier Giuseppe Conte officially launched what he called a bazooka to support the Italian economy.

The emergency maneuver that on the total will see 750 billion euros move, among other things will contain concessions to companies and a protection of what is called ‘’Golden Power’’ that is, the strengths of our domestic economy, composed of all those companies that operate in the key sectors for our nation, and which, in case of ‘’conquest’’ or takeover by foreign companies would destabilize and impoverish the country.

WHAT CHANGES WITH THIS DECREE, WHAT'S NEW:

To the 350 Billion Euros allocated in the first place, and the money allocated in aid to the domestic economic system, Another 200 Billion is added to support exports for domestic enterprises.

We are waiting to read the details of the Decree, but in summary the state will secure funds to cover capital loans.

This will guarantee the enterprises themselves direct and protected access, to loans up to figures of 800,000 - 5 Million ( it varies depending on the size of the enterprises) with protection and guaranteed coverage to 90% by the state.

EXPORT, THIS UNKNOWN :

Italy is going through a stormy period, and in the storm, we have the advantage of having arrived ‘’before others’’ in Europe. Export sounds like a simple word, but the terrain nevertheless remains quite complex.

We can predict with a modicum of foresight that, like the Italian government, the other states will try to protect their national economies; this could then create quite a few complications and waste of money for anyone wishing to enter an unfamiliar market, especially these days.

It is important, and incumbent upon a responsible enterprise to weigh its steps, and in the case of a foreign approach, it is necessary to rely on serious people, who know the field and are able to put in place, in the shortest possible time and in the right way all those assets that will then allow the company, in the immediate future, to have a return on investment that is profitable and does not remain just an ‘’attempt’’ to approach the market, which in case of failure would remain a very expensive hole in the water. 

In Octagona For 18 years we have specialized on internationalization pathways.

Our method is rather simple to define, and it is based on listening and rigorous and reasoned application of all the correct steps to make your investment operational and profitable in the shortest time and in the best way possible;

applying the best practices, by your side, and supporting you and your operations team at all times, following every step.

We have always been important players on the Italian scene in the world, and we care about companies, even those we don't know yet because they have never come into contact with us.

That is why we are paid based on our results, not on what we tell you.

Ours is not just internationalization consulting but a path to growth that goes hand in hand with your needs.

We are successful when you are successful.

We offer a free initial screening, which is not just a call, but a real analysis of your current business situation and the goals you want to set for yourself. We are here to accompany you far away, through time, and into the world we will find at the end of the quarantine.

It may be different from how we know it and the world we are used to,but we will be prepared for it, together .

As a reminder, the Octagona Task Force as Knowledge Partner of the Indian Embassy is available to provide free support, detailed information and advice to all Italian companies that may need it.

In this regard you can contact :

Alexander Fichera | [email protected] | +39.328.2123458
Monica Sessi | [email protected] | +39.340.3422473
Brando Bruschi | [email protected] | +39.348.9653664

 

READ ALSO:

SIMEST, SAVE MASSIMALS of subsidized financing related to Pact for Export.

Start your export project thanks to funding from the Veneto Region!

https://www.governo.it/

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